Financial Services

admin November 20, 2018

U.S. financial markets are closed on Thursday for the Thanksgiving Day holiday. But the market has another reason to be thankful on Friday. Since 1992, stock exchanges have adhered to an abbreviated trading schedule the Friday after Thanksgiving in the U.S. The key driver for the abbreviated session is the ghost-town trading atmosphere that typically […]

admin November 19, 2018

Courtesy Everett Collection ‘Male teachers are about 12% more likely to leave their schools when they work under female principals than under male principals,’ a new study in New York public schools concluded. Men earn more than women, are more likely to make it to the C-suite and, studies suggest, they’re more likely to […]

admin November 19, 2018

Getty Images Federal Reserve Chairman Jerome Powell speaks during a Financial Stability Oversight Council meeting Oct.16, at the Treasury Department in Washington, D.C. It wasn’t easy to parse the comments Federal Reserve Chairman Jerome Powell made in Dallas last week. Related: Fed watchers left puzzled by what Powell was trying to communicate But while […]

admin November 17, 2018

Getty Images A home with American flag in Frankenmuth, Michigan. Rates for home loans took a breather after churning to the highest in nearly eight years, mortgage liquidity provider Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 4.94% in the Nov.15 week, unchanged during the week. The 15-year fixed-rate mortgage averaged 4.36%, up […]